Investor alert! Three City of Rochester properties offered together: a fully occupied 3-family and two single family homes, all with tenants in place and income from day one. 204 Fairgate St is a 3-unit, 100% occupied, grossing $1,937/month. All three rents are below market, leaving room to raise each by a few hundred dollars a month. 409 Hague St is a single family rented at $940/month. 22 Michigan St is a single family rented at $785/month. Current gross is $3,662/month ($43,944/year) with clear upside through rent increases and hands-on management. All properties will be sold as-is. Properties must be purchased together. Tenant occupied. 48-hour notice preferred, 24-hour minimum, for all showings. Please allow time for tenant/PM coordination. Please do not disturb tenants.
Description: Investor alert! Three City of Rochester properties offered together: a fully occupied 3-family and two single family homes, all with tenants in place and income from day one. 204 Fairgate St is a 3-unit, 100% occupied, grossing $1, 937/month. All three rents are below market, leaving room to raise each by a few hundred dollars a month. 409 Hague St is a single family rented at $940/month. 22 Michigan St is a single family rented at $785/month. Current gross is $3, 662/month ($43, 944/year) with clear upside through rent increases and hands-on management. All properties will be sold as-is. Properties must be purchased together. Tenant occupied. 48-hour notice preferred, 24-hour minimum, for all showings. Please allow time for tenant/PM coordination. Please do not disturb tenants.
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Name: Fairgate
Street Number: 204
Street Number Numeric: 204
Street Suffix: Street
Total Taxes: 4120
Assessed Value: 110000
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Public
Year Built: 1840
YearBuiltDetails: Existing
Zoning: 11
Zoning Description: Residential 2 Unit
Amenities and Features
Other Features
Has Heating System
Map
Courtesy Of : Flaum Management Company Inc.
585-546-4866
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All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
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